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Accountant in Albufeira |
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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Just done a search on here but can't find reference to one but can anyone reccomend a good local accountant ? Am not resident, just rent out my apartment, have rental licence etc but disapointed with current accountant.
Any suggestions gratefully recieved Thanks |
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bob d ![]() Top Contributors ![]() Joined: 05/February/2008 Location: Northern Ireland Status: Offline Points: 2122 |
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Have used Atlantic Property in Vilamoura for years.
I find them brilliant and when I had to upgrade from rental license to new AL licence for tax purposes, they did everything including getting me the complaints book printed. They do my tax returns every year. All on line. |
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we're not brazil we're norn iron
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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Thanks Bob. Been to see them today and v helpful and concise. Charges are a bit more than am paying currently but you get what you pay for i guess
Thanks again |
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wendyhsmith ![]() Senior Member ![]() ![]() Joined: 03/July/2008 Status: Offline Points: 311 |
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Hi
Can you give an indication of how much you pay your accountant a year and what they do? I have one, recommended on here, €160 per year. Totally disorganised, give me 5 days notice to pay anything. No definitive guidelines, all hit or miss. Unfortunately those days are long gone now. Happy to pay a decent accountant a decent amount to do a decent job!
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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Wendy Sounds like same one ! Tax return given to me 3 days before it was due, querried it but no response.
Atlantic as reccomended above in Villamora appear v profesional their fees are €123 registration (one off fee ) Tax return €250 per year SEF registration for each guest : 1 -4 bookings €50 5 -8 bookings €100 more than 8 €150 Hope this helps |
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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Contact info www.atlanticproperty.pt e mail luis@atlanticproperty.pt
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wendyhsmith ![]() Senior Member ![]() ![]() Joined: 03/July/2008 Status: Offline Points: 311 |
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I do everything myself, SEF, AL, etc, its all quite simple.
However ....
Can someone clear up the two levels of tax return which I have been told about. One, you give one figure, pay one level of tax. Two, you give individual income per guest and not sure how this differs, but I've been told its not the way to go. Anyone any ideas. |
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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There are no two levels of tax, other than €10,000 gross income. Income above 10k requires you to pay VAT
Under that it is normal rate, ie after 3 years 35% of gross income is taxed at 25% You say SEF registration is easy ? I would welcome a few pointers please |
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wendyhsmith ![]() Senior Member ![]() ![]() Joined: 03/July/2008 Status: Offline Points: 311 |
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So do you give the accountant your total revenue per year only? And what date do you have to do that by?
At the moment I have to fanny about with how much each person paid and the dates they stayed etc. I just don't have time. I've already registered the guests on SEF with dates. I've heard nothing from the accountant all year, just an email with a week's notice to pay an IMI bill which I usually get in the post anyway. Never can get a reply from SMC, absolutely useless.
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wendyhsmith ![]() Senior Member ![]() ![]() Joined: 03/July/2008 Status: Offline Points: 311 |
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Let me know what help you want with SEF. Its very straightforward ..... once you've worked it out and if you can remember each time. lol
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Norm55 ![]() Regular ![]() Joined: 30/November/2014 Status: Offline Points: 104 |
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I give the accountant the gross income for each calender year,usually in January, i should have figures back by April but last 2 years it is much later.
If you wish them to do SEF then assume it is as soon as you have dates confirmed off guests. SEF website appears to have changed, have not logged in guests for 2 years now but i understand they will soon clamp down on this so i need to get back on board. Any help much apreciated |
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wendyhsmith ![]() Senior Member ![]() ![]() Joined: 03/July/2008 Status: Offline Points: 311 |
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Yes indeed the SEF site has been updated and its still not in English, and the goal posts have moved, but its simple once you have done it a few times or have a list of instructions. I can help you for sure. Where are you based?
p.s. moved my accountant over to your recommendation, what a different ball game :-)
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